The features of NSDL and CDSL is that CDSL and NSDL are to Shares what Banks are to Cash and Fixed Deposits. Banks help you to keep your cash in electronic form as opposed to physical cash in your almirahs and share depositories help you in storing shares in a dematerialised form . What is NSDL ? NSDL stands for National Securities Depository Limited, India's first and largest depository of securities. Learn about its history, types, shareholders and advantages of NSDL in this article. NSDL -The National Securities Depository Limited is a financial institution that is responsible for holding securities in the form of real or virtual certificates. Home : About Us About NSDL NSDL , one of the largest Depositories in the World, established in August 1996 has established a state-of-the-art infrastructure that handles most of the securities held and settled in dematerialized form in the Indian capital market. Although India had a vibrant capital market which is more than a century old, the paper-based settlement of trades caused substantial problems like bad delivery and delayed transfer of title, etc. The enactment of Depositories Act in ...
